MemeStrategy rockets 28% on SOL treasury news – Is this just the liftoff?

Solana''s ecosystem just gave meme stocks a turbo boost. MemeStrategy shares screamed 28% higher after announcing SOL treasury adoption—because nothing says ''serious investment'' like doubling down on internet culture meets blockchain.

The SOL effect: More than just hype?

When a token jumps nearly a third in a day, even Wall Street bros notice. The move signals deeper crypto integration—or maybe just that treasury managers discovered ''Alt + Tab'' between Excel and Discord.

Chart watchers brace for volatility

Traders are now gambling whether this is the start of a proper rally or another ''buy the rumor, sell the news'' setup. The 28% surge suggests momentum, but SOL''s history of wild swings keeps everyone guessing.

One thing''s certain: in crypto-land, even memes get second acts—as long as someone''s willing to pump the narrative.

Solana treasury frenzy

Source: MemeStrategy stock performance, TradingView

MemeStrategy’s stock jumped by 28% after the update and closed Monday’s trading session at $0.33, up from $0.25. It remains to be seen whether more gains will follow like other SOL treasury stocks. 

Unlike the memecoin supercycle in 2024, treasury companies have become the strongest narrative in 2025. 

Public companies have jumped on the Bitcoin [BTC], Ethereum [ETH], Solana and even Hyperliquid [HYPE] bandwagon to boost their shareholders’ value. Strategy (formerly MicroStrategy) and Metaplanet have dominated the BTC treasury sector, offering nearly 100x shareholder returns since adoption. 

On the ETH side, Sharplink Gaming (SBET) has led the strategic ETH reserve with over 176k ETH. Overall, $3. illion ETH have been acquired by public companies. 

For SOL, DeFi Development Corp (DFDV) accumulated a total of 609,092 SOL, as of 15 June. DFDV stock rallied by over 4000% in the past three months after adopting the SOL treasury. Another media firm, Upexi, stacked 679,677 SOL. 

However, the pioneer in the segment, Canadian-based SOL Strategies, has 420.7k SOL alongside a total delegated of 3.3 million SOL. 

Apart from potential returns on price appreciation, these firms can also get extra rewards (about 7% per year) by staking their holdings. 

The staking revenue capacity and other opportunities in its DeFi ecosystem make SOL treasuries relatively more attractive than BTC, according to investment banking firm Cantor Fitzgerald. 

The firm added that SOL-focused firms should have a higher valuation than BTC in terms of mNAV (net asset value).  

“We believe SOL treasury companies are betting the future of finance will be on-chain and that the chain of choice will be Solana.”

Source: Glassnode

Despite the bullish treasury frenzy, however, SOL has seen more capital outflows (declining Realized Cap), compared to BTC and ETH in June.

In fact, Glassnode revealed that the Realized Cap dropped from 4% to -0.4% for SOL while ETH and BTC remained positive at 4% and 1.6%. This suggested that SOL may face short-term bearish pressure. At press time, SOL was valued at $156.